IQ Option Review

IQ Option at a glance:

Regulation : Yes (FCA)
Minimum Deposit : $10

Demo Account : Yes
USA : No
Mobile : Yes

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”

 

iq option

IQ Option

 

General Overview

IQ Option was founded in 2014 and only accepted clients from five countries. The company became one of the world’s fastest growing online trading platforms and in 2017 they were serving clients from 30 different countries. Nowadays, IQ Option has 20 million clients, and more are signing in every day.

IQ Option offers two types of accounts, retail and professional. The retail account has access to forex, stocks, crypto, commodities, and ETFs. With the professional account, you gain access to more trading options, higher leverage, and trading tournaments. Only the retail account is covered under the ICF, but both account types have negative balance protection.

IQ Option offers historical quotes about the exchange rates of currency pairs and other financial instruments over various periods of time and an economic calendar that shows the upcoming events and earnings release forecasts. They have 16 educational videos, blog and they constantly share analytics.

Binary Options in Europe

Binary Options trading has been banned by The European Securities and Markets Authority for European retail traders. This means that EU regulated brokers will no longer be offering these products to European traders. However, if the broker is regulated by some different authority, they are able to offer Binary Options. IQ Option does not offer Binary Options for European traders.

Avoid brokers that are not regulated at all as they usually are pure scams. Brokers that use the blockchain platform are considered as trusted brokers since the blockchain effectively makes an end to trading frauds.

Assets Coverage

At the moment IQ Option offers 122 stocks, 119 currency pairs, 9 commodities, 59 options, 13 cryptocurrencies and 2 ETFs to trade with and they are constantly adding more. There is no doubt that you wouldn’t find something to trade with their services.

Types of Platforms

IQ Option’s trading application is available to desktop and mobile devices. The desktop version is available for Windows, Mac, and Linux operating systems. The mobile version is available for Android and iOS. Their trading application can also be used with a browser, supported browsers are Chrome, Opera, Firefox, and Safari. They are always working to improve their platform to ensure it is fast, accurate and easy to use.

Deposits and Withdrawals

To make a deposit on your IQ Option account, you can use a common credit card like Visa, Mastercard or Maestro. If you want to withdraw your money, you can get the amount you deposited back to the card. However, any profits you have gained must be withdrawn to an e-wallet or via bank transfer.

IQ Options supports three e-wallets, WebMoney, Skrill and Neteller for deposits and withdrawals. If you deposit with an e-wallet, you will be able to only withdraw your money back to the same e-wallet.

Customer Service

Customer service is available to IQ Option clients 24/7 in many different languages via phone. On their website, you can also find the support email address, ask a question form and a help section. The help section is divided into seven main categories and it is really easy to browse.

Safety & Security

IQ Option is regulated by eight regulators in total. You can find the complete list of the regulators on the IQ Option website. IQ Option is also a part of the ICF and stores the client’s funds in segregated accounts that are separate from the company’s own bank accounts.

Awards

The authorities haven’t ignored the achievements of IQ Option as IQ Option has received a total of 14 awards for their platform, reliability, and excellence. You can see the full list of awards below.

  • 2017 Award of Excellence
  • The Intelligent Trading App for Binary Options
  • Century International Quality Gold ERA Award
  • Best Technology Application
  • Best Binary Options Broker Europe 2015
  • Most Innovative Binary Option Platform
  • Best Mobile Trading Platform
  • Fastest Growing Binary Option Brand
  • Best Trading platform
  • World’s Leading Binary Options Broker
  • Most Reliable Binary Options Broker
  • Most Innovative Options Broker
  • Best Binary Options Broker
  • Best Binary Options Broker/Trading Application

 

Verdict

IQ Option is a broker with a very good reputation in the trading industry. They follow regulations and behave according to the rules. Their platforms work very well and are secure to use. They are transparent, and they share a lot of information about themselves on their website. IQ Options offers education, a large number of assets to trade and a customer service that is available 24/7.

Risk Warning and Disclaimers

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. Please also include the following disclaimers in the article about IQ Option: – Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page. – Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

 

Start Trading with IQ Option

 

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”